At 2003 PTC/USER 'Wings of Invention' Conference: PTC's CPO Jim Heppelmann Demonstrates Industry's First Integral Product Development System
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At 2003 PTC/USER 'Wings of Invention' Conference: PTC's CPO Jim Heppelmann Demonstrates Industry's First Integral Product Development System

Pro/ENGINEER Wildfire and Windchill-based System Makes PLM Initiatives Achievable

NEEDHAM, Mass., June 9 /PRNewswire-FirstCall/ -- PTC , the product development company(TM), today provided more than 900 customers with a demonstration of its Product Development System, based on the recently released Pro/ENGINEER Wildfire(TM) and the company's Windchill(R) solutions.

Speaking before the annual PTC/USER "Wings of Invention" Conference in Orlando, Florida, PTC EVP and Chief Product Officer James Heppelmann also presented PTC's Product Development System Roadmap, which is designed to ensure that PTC customers realize the full value of their investment in PTC solutions in their quest to bring great products to market.

"The process of conceiving, defining, building, shipping and maintaining a product is incredibly complex and diverse," Heppelmann said. "For these processes to be effective and optimized, manufactures require an integral set of solutions configured together to form a complete product development system."

The PTC Product Development System is a certified configuration of specific PTC solution versions that are designed and tested together to deliver complete system support for specific product development processes. "By bringing together Pro/ENGINEER Wildfire and our Windchill solutions, PTC has created an integral Product Development System that makes Product Lifecycle Management (PLM) an approachable, low risk pursuit for companies of all sizes," Heppelmann noted.

The 2003 PTC/USER Conference features more than 80 technical and business presentation sessions, seminars, tutorials and demonstrations. Highlights of this year's event include keynote addresses by Apollo and Space Shuttle Astronaut and aerospace executive, Ken Mattingly, and Steelcase Chief Information Officer, John Dean. The program also includes a presentation by Scott Sullivan, the author of Virtual Apollo, a book that recreates all of the Apollo Program space vehicle designs using Pro/ENGINEER.

About PTC

PTC develops, markets, and supports software solutions that help manufacturers win with superior products. PTC is the world's largest software company with a total commitment to product development. The company services more than 35,000 customers worldwide. Further information on PTC is available at http://www.ptc.com/ or call 1-888-782-3776, ext. 901

Except for the historical information contained herein, matters discussed in this news release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected. These include: the success of our initiatives to facilitate our customer's understanding of the benefits of our PLM solutions, including return on investment and value creation; our successful development of software packages that gain industry acceptance as quality product development systems; the success of customer satisfaction initiatives; and the effects of a weakening economy which may impact the overall demand for software and related services; as well as other risks and uncertainties detailed from time to time in reports filed by PTC with the Securities and Exchange Commission, including the Company's most recent reports on Form 10-K and 10-Q.

PTC and its logo, Product First, The Product Development Company, Create Collaborate Control, Simple Powerful Connected, Pro/ENGINEER, Wildfire, Windchill, and all PTC product names and logos are trademarks or registered trademarks of Parametric Technology Corporation or its subsidiaries in the United States and in other countries.

   Investor Contact Information       Public Relations Contact Information
   Meredith Mendola                   Joe Gavaghan
   781-370-6151                       781-370-5074
   
Email Contact                   
Email Contact

CONTACT: Investor Contact Information: Meredith Mendola,
+1-781-370-6151, Email Contact, or Public Relations Contact Information,
Joe Gavaghan, +1-781-370-5074, Email Contact, both of PTC

Web site: http://www.ptc.com/